Center for Agricultural Development and Entrepreneurship

Analysis

Center for Agricultural Development and Entrepreneurship is a registered charity in United States, based in Oneonta, NY. It received its IRS tax-exemption ruling in October 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Center for Agricultural Development and Entrepreneurship reported income of $883k and spending of $851k, spending 96% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $511k to $883k (+73%), an average of +15% a year. The sharpest change came in the year to April 2021, when income rose by 98%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Center for Agricultural Development and Entrepreneurship sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Toledo Area Sheet Metal Workers Joint Apprenticeship Committee ($883k), Fishtown Kensington Area Business Improvement District Inc ($884k) and Helbig Community Development Corp ($882k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 73% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $105k (12% of expenses). Other salaries and wages came to $329k. At year end it held assets of $436k against liabilities of $178k, net assets of $258k. It reported 7 employees.